Weaver Capital Management LLC Sells 330,620 Shares of SPDR Bloomberg 1-3 Month T-Bill ETF $BIL

Weaver Capital Management LLC reduced its stake in SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) by 99.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 854 shares of the company’s stock after selling 330,620 shares during the period. Weaver Capital Management LLC’s holdings in SPDR Bloomberg 1-3 Month T-Bill ETF were worth $78,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BIL. Captrust Financial Advisors grew its stake in SPDR Bloomberg 1-3 Month T-Bill ETF by 75.6% in the 2nd quarter. Captrust Financial Advisors now owns 5,777,775 shares of the company’s stock valued at $529,995,000 after buying an additional 2,487,366 shares during the last quarter. Bank of America Corp DE lifted its position in SPDR Bloomberg 1-3 Month T-Bill ETF by 14.6% during the second quarter. Bank of America Corp DE now owns 17,775,986 shares of the company’s stock worth $1,630,591,000 after acquiring an additional 2,270,073 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of SPDR Bloomberg 1-3 Month T-Bill ETF during the second quarter worth approximately $109,043,000. Raymond James Financial Inc. grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 39.9% in the second quarter. Raymond James Financial Inc. now owns 4,041,128 shares of the company’s stock valued at $370,693,000 after purchasing an additional 1,153,335 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in shares of SPDR Bloomberg 1-3 Month T-Bill ETF by 85.6% in the second quarter. AQR Capital Management LLC now owns 2,209,801 shares of the company’s stock valued at $202,705,000 after purchasing an additional 1,019,145 shares during the last quarter.

SPDR Bloomberg 1-3 Month T-Bill ETF Price Performance

NYSEARCA:BIL opened at $91.37 on Wednesday. The stock has a 50 day simple moving average of $91.55 and a 200 day simple moving average of $91.59. SPDR Bloomberg 1-3 Month T-Bill ETF has a 1-year low of $91.26 and a 1-year high of $91.78.

SPDR Bloomberg 1-3 Month T-Bill ETF Company Profile

The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of all publicly issued zero-coupon US Treasury bills with a maturity of at least 1 month, but less than 3 months. BIL was launched on May 25, 2007 and is managed by State Street.